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Talk to an interim executive
It can be beneficial to exchange ideas with an independent and reliable interim executive. Someone who is used to uncertainty and can be a good discussion partner.
It can be beneficial to exchange views with an independent and reliable interim executive.
We notice a lot going on at companies. The current situation requires attention to arrive at the right decisions.
There are issues that cause you to endlessly weigh your options.
- Is it necessary to adjust the revenue model or not?
- Are there trade-offs that make the future uncertain?
- Is consumer confidence rising or falling?
- What is the price of oil doing?
- What impact will the Brexit have?
- When is there a vaccine and how long does the lockdown last?
Many companies lean heavily on government support and additional financial backing from financiers. This is good for now, but not a solution for the future.
Cash is King - a wise credo in times of crisis. But is there a crisis in the market in which you are making money? Some companies are fortunately running well at the moment.
Other businesses don't at all. The hospitality industry, festivals, cinemas, theaters and museums are having a tough time. Their suppliers are also going through tough times.
What do you do?
- Are you adjusting your goals downward and waiting? The longer you wait, the fewer opportunities there are for a solution.
- Or are you planning to find the opportunities that will contribute to the continuity and profitability of your company?
We are often called in when opportunities are already becoming more limited and a need for change has arisen. The reason is often the inability to meet covenants, capital depletion and a poor outlook on liquidity needs.
Don't let it get to that point, we are happy to engage with you to prevent you from getting into a situation where you are no longer in full control. We can help you plan the way forward, develop good ideas and put the point on the horizon.
We can help you bring back focus and take the pressure off you and your management.
Make a no-obligation appointment with one of our interim executives and get informed. We will make time for you and may be able to show you a broader perspective.
We are doers, hands on and will help you and your business. We are happy to make time to get acquainted!
Contact the team personally
Harm Tunteler
Partner Interim & Governance